Chambers Collective Redress & Class Actions 2025 Global Practice Guide
Sam Lieberman, Co-Head of Sadis & Goldberg LLP’s Litigation Practice was invited by Chambers & Partners to contribute a Chapter to the Chambers Collective Redress & Class Actions 2025 Practice Guide – New York. In a “Trends and Developments” article, Sam, and his co-authors Clay Hane and Ben Hutman, address important new developments, including: (1) The ruling in Shanda Games that the Fraud-on-the-Market presumption of reliance applies to minority shareholders who forcibly sold shares in a freeze-out merger; (2) the increased use of New York Article 77 proceedings for collective relief for investors in Residential Mortgage-Backed Securities (RMBS) and similar structured products; and (3) the surge in Class Actions involving Digital Asset theft and fraud. In a “Law and Practice” article, Sam, Clay and Ben provide an overview of the New York State and Federal class action procedures, addressing key differences and recent SEC policy changes that could impact class actions.
The Chambers Collective Redress & Class Actions 2025 Global Practice Guide offers a comprehensive overview of the current class action and collective redress developments and procedures across more than 20 jurisdictions, including the United States. Chambers Global Practice Guides provide in-house counsel and investors with expert legal commentary on the main practice areas in key jurisdictions around the world. The guides focus on the practical legal issues affecting business and enable the reader to compare legislation and procedure across a range of key jurisdictions. For every guide Chambers selects Contributing Editors who are ranked in the relevant Chambers Guides among the best in their field. The individual contributors who write the ‘Law and Practice’ and ‘Trends & Developments’ sections are selected on the same basis.